Fool! I say you, ask your self "why is it a niche market in the first place?!"
Yes, why ?
That said I think many head-fi-ers are EXTREMELY desensitized to money when they been in this game for too long. They feel it is the normal or better yet, justified to spend thousands on head gear.
Good headphones, when well treated, will easily serve you for some twenty years, and even more. An average American buys 597 cans of soft drinks in one year, which is 597 dollars a year by a conservative estimate [
http://www.eduplace.com/kids/mw/wr/5/wr5_08_21_5.html ]. In twenty years the amount is 11 940 dollars. Over an average soda pop drinking lifetime, let's say 60 years, the amount comes to 35 820 dollars. An average can of soft drink contains 5 to 10 teaspoons of sugar. There is a growing agreement among the health professionals that sugar is a toxic substance. [Scroll down to 'Health Impact of Soft Drinks' -
http://www.cspinet.org/new/pdf/liquid_candy_final_w_new_supplement.pdf ]
A toxic substance which also causes cancers [
http://www.greenmedinfo.com/blog/research-reveals-how-sugar-causes-cancer ].
You can obtain great sounding top of the line headphones and an amplifier for 3000 dollars which comes to 150 dollars per year over twenty years. Then there are intangibles which make the cost even lower. On the whole, life is a misery, the joy of music makes life more bearable. Because of that many audiophiles save serious money on not having to buy anti-depressant drugs, which, it seems, most people cannot function without, these days. When one is happy, immersed in his [most likely 'his'] audiophile world then one is also much less likely to waste health and serious money on alcohol and hard drugs. When one's mind is on the audio hobby, when one spends time listening to music then one is less inclined to think about making mischief and to spend time doing criminal activities, and ultimately wasting money on defense lawyers.
For a typical low culture zombie spending 300 dollars per year on music and audio equipment is an outrage but spending 600 dollars every year on chemical slops which hasten the day of death is O.K. There are those willing to spend 2000 dollars to go and catch a venereal disease in a Mexican holiday resort and who at the same time laugh at those who buy 1500 dollar headphones which will give immeasurable audio pleasure for years to come. Who are the idiots ?